On this page you’ll find original articles and our personal finance expert Ashley Shepherd’s insights into different types of borrowing in later life and how it could help boost your income in retirement.
Martin Lewis’ view on equity release is that it could be a good option if you’re over 55, need to increase your income and are not concerned about leaving an inheritance.
Is equity release a good idea? We look at the detail to help you make an informed decision as to whether its right for you.
We answer your equity release questions. Equity release is growing in popularity and if you're 55+ could help you release cash from your home. Start your research here.
The amount of equity you can release from your home depends on several factors but typically ranges from 20% to 53%.
Deprivation of assets is a term used to describe the process of reducing your assets to avoid them being included in a local authority means test.
In a perfect world the best time to take equity release is when interest rates are at their lowest – but life’s not perfect.
This is a must-read if you're considering equity release. Knowing which companies to avoid could save you time & money.
Switching equity release provider and transferring to a better interest rate could save you money but there are other reasons people choose to change lender.
When you die, your equity release loan will need to be repaid. Although this is usually through the sale of your property, there are other options available for paying back the loan.
See what our customers used their plan for in 2022. In most cases there was more than one reason.
If you’re considering releasing equity from your home, to avoid any nightmares it helps to be aware of the equity release horror stories people have faced.
You would be forgiven for thinking that releasing equity from your home is a risky business, as there are numerous myths floating around that may scare some homeowners.
Did you find this information helpful?
20th Mar 2023